Promises to revolutionize With the evolution of payments in Open Finance, from March next year it will be possible to make online payments using PIX with a single click, without the need for the famous “copy and paste”, eliminating obstacles and bringing more convenience, practicality and security to consumers.
Currently in the testing phase
the new functionality, which connects PIX rcs data and Open Finance, promises to revolutionize the digital payments experience not only in e-commerce, but also in the physical world. With the incorporation of robust biometric authentication and device linking protocols, PIX by proximity will be widely available to digital wallets and account-holding institutions that adopt the payment transaction initiation service in the Open Finance journey without redirection (JSR).
Lina Open X a fintech company
specializing in data and payment solutions for Open back to practice: how can i use linkedin for business? Finance and Open Insurance, has just received FIDO2® certification and is now able to offer payments without redirection, enabling solutions such as Tap2Pix and Click2Pix in the context of Open Finance. This achievement reinforces its position as one of the leading providers of technology solutions integrated into the Central Bank’s data and services sharing ecosystem.
The fintech which is already
recognized in the market for its connectivity and phone number list consent. Management solutions. Obtained authorization this year to act as a payment promises to revolutionize transaction initiator (ITP) and is now participating in the Central Bank’s no-redirection journey (JSR) pilot. Where functional, compliance and user experience tests are being carried out, with completion scheduled for the end of February 2025.
“Our payment solutions at Open Finance cater to everyone from. Online commerce and digital wallets. Who want to enable their customers to pay using PIX by contactless payment or through the ease of PIX with one click. To financial institutions that hold accounts. Who want to allow their customers to use their digital. Accounts to make these payments,” says Murilo Rabusky, Business Director at Lina Open X.
How does Pix by approximation work?
PIX by approximation has already been adopted on an experimental basis by some financial institutions. Inspired by contactless card payments, the technology allows for. Quick transactions simply by bringing your. Cell phone close to the payment terminal, eliminating. Additional steps such as scanning QR Codes. Entering passwords or performing manual confirmations. Biometric authentication and NFC technology ensure even greater convenience and security for transactions.
“This modality has the potential to further
accelerate promises to revolutionize the adoption of PIX in offline transactions, reducing friction and optimizing consumers’ time. We are certain that it will be a great competitive advantage for our partners and customers,” adds Rabusky.